Today's Video Update: Z10, Tiffany, Gold and the Weekend Worry, Cyprus

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 22nd of March.

Z10 - Does BlackBerry Have The Magic To Come Back?
Today's the day that BlackBerry begins to market its Z10 smartphone in the US. It's interesting that BlackBerry chose today, as it is the 50th anniversary of the Beatles and the first James Bond movie. Both the Beatles and the Bond franchises have performed extremely well over the years. The question now is can Blackberry resurrect itself as a leading contender in the smartphone market? The US accounts for 20% of BlackBerry sales and this number either has to stay or grow from here. The key to BlackBerry stock is holding onto and growing its customer base. I think that's going to be an awfully hard challenge given the Android and Apple's iOS stranglehold on the US markets. Today we will be looking at the stock of BlackBerry to see just how well our Trade Triangle technology did in capturing the moves so far in this once shining star. Continue reading "Today's Video Update: Z10, Tiffany, Gold and the Weekend Worry, Cyprus" →

Chart to Watch - FSYS

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Fuel Systems Solutions, Inc. (FSYS).

I hope you are having a GREAT week !

Let's take a look at FSYS this week.

FSYS made a double bottom base and a huge move higher out of the base, which means sharply higher prices could be on the way for FSYS. Continue reading "Chart to Watch - FSYS" →

Today's Video Update: March Madness may not be about basketball this year

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 21st of March.

March Madness, May Really Be, March Madness
The NCAA basketball "March Madness" season starts today at noon, ET, however the March madness I am referring to has nothing to do with basketball.

The events in Cyprus and the ramifications it could have for the rest of the EU could be chaotic. Suddenly, there are no adults in the room, and once again we are seeing Russia jump into the fray with all kinds of loan deals, gas deals and donkey deals. How does all this Russian input complicate Cyprus? In my opinion, it presents a massive complication as Russia is not part of the EU and yet they are in the thick of things meddling in what is majorly an EU problem. The Russian interest is from all the money that's deposited from Russia in the banks of Cyprus. This saga has a lot more room to play out and if it is not contained, it has the potential to create a real ripple effect through Europe. Continue reading "Today's Video Update: March Madness may not be about basketball this year" →

Poll: Do you participate in March Madness?

Posted on by The INO.com Team

March Madness kicks off today and offices everywhere are finalizing their office pools. My family and I put the finishing touches on our family bracket challenge last night. It's become a tradition in our house, with the winner earning bragging rights for a year. I thought it would be fun to ask our readers....

Do you participate in March Madness?

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I would love to hear who you think is going to win as well. I'm going with Indiana for the win.

Every success,
Jeremy

Average for U.S. jobless claims at fresh 5-year low

Posted on by The INO.com Team

The number of people seeking U.S. unemployment aid barely changed last week, while the average over the past month fell to a fresh five-year low. The decline in layoffs is helping strengthen the job market.

Weekly unemployment benefit applications rose just 2,000 to a seasonally adjusted 336,000, the Labor Department said Thursday.

Over the past four weeks, applications have dropped by 7,500 to 339,750. That's the lowest since February 2008, just three months into the recession.

Economists pay close attention to the four-week average because it can smooth out week to week fluctuations. The steady decline in unemployment claims signals that companies are laying off fewer workers. That suggests many aren't worried about economic conditions in the near future. Continue reading "Average for U.S. jobless claims at fresh 5-year low" →